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Search Results 62 to 161 of about 230 (some duplicates have been removed)
SFGTV
Dec 5, 2013 2:00pm PST
savings is a long-term deficit. over hearing some of the clients they're worried about those kits. so i that we can't just talk about the cuts what are the long-term financial as well as social complications >> what are they. aging at home and services at home should be priority because their in fact, better for the fiscal satellite as well >> thank you. no further questions and a supervisor breed >> thank you for coming to speak with us. i want to ask you what you're thoughts are on around some people who are aging in homes but are electrocuted and sometimes that leads to challenges of desh and those kinds of things. what's our thoughts on other ways to not only allow people to imagine a in their homes but how do we effectively service them not just physically but some of the mental champs that happen >> i'm with a psych practitioner. i was at a meeting in the institute of learning they have 8 thousand calls monthly search and seizures with the very problems their lesson so many. we have to do some innovative outreach to help our search and seizures who are place bound because they
SFGTV
Dec 6, 2013 4:00am PST
the operating deficits nor does it solve all of the problems that have been identified. about $10 billion have been identified as a need for transporti
SFGTV
Dec 6, 2013 4:30am PST
of the task force work does not address the operating deficits nor does it solve all of the problems that have been identified. about $10 billion have been identified as a need for transportation. and this leaves a gap of 6.3 billion. the task force identified what we believe is required in terms of infrastructure and we'll be proposed some new revenue sources to fund a portion of that gap. so the three recommendations that will be brought forward from the task force is to invest in programs with the greatest impact to first maintain the current transportation system which we found in great disrepair and enhance the system and sfand -- expand the city system to meet new growth and also set to pursue three new revenue services combined to address that significant portion of that gap and as well as to continue to support and seek additional state and federal funding sources to support policies that will bring in more transportation dollars into san francisco. so, after taking a look at the needs, the task force looked it is needs to repair the core system, to enhance and expand it and is recomm
SFGTV
Dec 6, 2013 5:00am PST
need to address the operating deficit we have with the level of service that we expect to deliver. so the next budget cycle is going to at least try to address some of those key pieces and we look forward to any support we can get to improve and increase the operating revenues to look at more increased for the transit system. i will close there and answer any questions that you may have. >> thank you, colleagues, any questions. single family -- it was pretty thorough. thank you for your presentation. okay. we have don james from parks and recreation. so don is going to discuss so parks and recreation priority projects. >> supervisors, capital director for the san francisco parks and recreation. i have a brief presentation today on the eastern plan for the open space. some of this was covered earlier by the city planning presentation. i think there is one fundamental commitment made as part of eastern neighborhoods. we would create four new open spaces and we are very well poised to follow through on that commitment. as noted in the earlier presentation 17 and folsom is a good example
SFGTV
Dec 6, 2013 5:30am PST
't support existing deficits. so there is a general capital planning needs that we have citywide that brian eluded to. what we are seeing right now from a development standpoint is consistent from what we expected in that needs analysis and that needs analysis is based on projected growth. what we saw was very little development at all and we got what is entitled or under review by the department or in some cases under construction of being built. we have a hot market now. the timing is an a little bit different than maybe we might have projected during the time of the adoption of the plans, but i would say over all, because the needs analysis is based on the development and the capacity identified in the zoning is more or less consistent. >> i just had that question to make sure we have an updated analysis of what the need is. do you know the percentage of the need overall is covered by the neighborhood fees. >> we have at that time that it would kov cover you have to 30 percent. >> 30 percent of the need is covered by the fees. where is the rest coming from? >> it's coming from other fun
SFGTV
Dec 9, 2013 12:30am PST
of the structural deficit in the budget. it's not the result of over spending it's the formula that's used that discount the budget that's allocated for personnel. it has to do with having four attorneys with their salaries and the summation that they're at everyone is at mid point with having investigators who are very experienced in the soumgs their salaries are at mid point. that's the problem that i have it's not just the occ there are other departments but when you're a small department it's extremely problematic >> thank you. is there anything we can do? >> well - (laughter) the board of supervisors has the authority to amend the budget but also the - it is what it is my budget is what it is so - >> thank you. anything you further for director hicks. please call commission reports >> commission reports and commissioners president report. >> i had the privilege of watching part of the bad kid thing and it representative to me i know it represented the heart of the city and cohesive what we did for that little boy. we had a great celebration but nothing better than a kid who is b
SFGTV2
Dec 2, 2013 11:00am PST
finding to congress it the immigration reform will play a role in our reducing our national deficit. i think we need to recognize with is a surge of the boarder need to see the surge it will bring to our economy. mayor lee hit it. the supporting business and keeping the right talent will create more jobs. so we continue to drive that messages home. the majority of americans when i look at the numbers support this common sense approach. creating more jobs fueling the economy with the right talent and the right folks we have been educating. so when you look at the numbers and the pop up most americans support this. and they'll see the benefits in their communities. i've repealed many companies and it requires us to come and see the support at the state and national level what's fueling the education don't for the community. we get real focused on the national community but it's at the state and local level. and even smaller towns across the country. so the messages it is from the state and local level first >> let's hear from our young entrepreneurs. your creating jobs and paying taxes
SFGTV2
Dec 3, 2013 12:30pm PST
great district 11 really is. >> we are in our fifth year of major budget deficits. it is inevitable that we will make painful cuts. so how do we do it in a way that will minimize the impact on every day san franciscans? >> i really appreciate what you're doing here. you are a really patient gentleman, and i appreciate that. >> our parks are often cut first. how do we maintain our safety net, public health services, security services? all of these are critical decisions that have to be made. >> i have seen many people come forward today who i know whose lives have changed because of the services we are providing. that is something that we can be proud of and have a as a goal at the budget process to make sure that we can turn lives around and create a liveable communities. >> if we do not resolve the pension issue, we will have to cut. we will see fewer options for muni. we will see the parks deteriorate. i think the tide is rising. we have to figure out how to swim very quickly. when you have a drug or alcohol problem, your whole world stops making sense. you can get help for yourse
CSPAN
Dec 5, 2013 6:00am EST
and how do we fit this budget deficit issue. how do we deal with the debt ceiling and figuring out that common ground that is there? a lot of the work that we are is creating these partnerships, coming up with solutions, and creating the pressure from within. >> what has been the biggest surprise for you? has there been anything that is -- that has shocked you and that you were not prepared for? >> i had the opportunity to work for one of hawaii's great senators. i work for him between my two deployments to the middle east. our two senators from hawaii were great leaders, they set a good example. they taught me a lot about building relationships. building relationships that are based on respect and that would stand when the wind was blowing one way or another. of twore great examples best friends. they call each other brothers. they were talking about an issue on the house floor and after they were done, they went up and tried to fist bump each other and missed the first time. they got it on the second or third try. regardless of what happened, they were able to disagree and remain
FOX Business
Dec 6, 2013 11:00pm EST
to be contributing to our long-term death of deficit. neil: the amount of money that we are committing, and the top that we are talking about, you're right about the improvement and things will snap back into place when the economy and the recovery snaps back into plac but right now it is untenable. >> in terms of relaxing standards, some of this is -- for example, someone will have to qualify for work in order to get this. that seems like a good policy to me. >> i agree with that, but there's a lot of pride fraud in the program and that is indisputable. and the people on both sides have their own opinions. let me finish. you will from both sides want to help the poor out. everyone wants to help the poor out. help them, give them a job. the problem is there is abuse of the system that is being underreported and understated by the democrats who are basically saying that it's nonexistent. i totally disagree with that. >> the studies say that the fraud rate is very low. >> it is misreported. >> it's not just for families. >> yes, it is. the fraud report has a problem. and here's the problem with the f
CSPAN
Dec 8, 2013 11:25pm EST
responsibility. >> there is a difference between short-term deficits and long-term deficits. the short-term deficits were largely inherited by barack obama and we need to recognize that some level are understandable and and to make it very clear to try to get the economy growing and to try to bring unemployment down. and then he pivoted this structural deficit and that is what threatens that. >> it is not the debt that's on the balance sheet, but it's what off the balance sheet and he talked about three things. he talked about freezing a portion of discretionary spending, less than 20% of the federal budget for three years, you know, three years are better than one and especially since spending has increased 20% or more over the last two years. >> there are lots of holes in that and they have to put a truck through it and it does provide some constraints that would be there. and thirdly he came out for a fiscal commission and this includes other spending restraints and tax reform that will terminate or revenues and i think it's important that we do it this year and to act before are me
CSPAN
Dec 5, 2013 4:00am EST
flow deficit. we get 10,000 beneficiaries every day and the absence of general reform that allow people to get the care that they need and deserve and abby slover cost growth it will fall under its own financial weight. >> for the secretary to affirm, $500 billion that isn't really chump change in the big picture of health care costs. i am getting comments from constituents in the district who medicare advantage folks now their benefits are being reduced. they are losing access to their preferred physicians. this is under the current system now. my question is how much worse can this get for my seniors who opt out for medicare advantage? again if the strategy for controlling costs is a traditional one of just cutting the provider members and whether its doctors, hospitals, it will backfire. that approach without reform that gives you the prevention and coordination and the better care congress ends up having to put the money back in because you haven't solved the problem. to not put the money back and is tonight bullies i -- deny seniors care. >> to have access to dialysis and the like
CSPAN
Dec 4, 2013 10:00am EST
administrations have danced around the mission of our infrastructure deficit. for all the attention to the various fiscal cliffs, the looming infrastructure deficit is every bit as critical. for two centuries, infrastructure was a bipartisan issue, from lincoln with the transcontinental railroad to democrats and republicans coming together to launch the interstate freeway system, signed into law by president eisenhower, subsequent roads, transit and water investments helped fuel our economy and tie the nation together. more recently, the failure to address long-term funding has also been bipartisan. the bush administration ignored strong recommendations from their own private sector experts that they impaneled to give advice. although the obama administration did request and employ some modest funding in the recovery act and has proposed an infrastructure bank and talked extensively and i think sincerely about the need for investment, what has been lacking has been a specific concrete proposal from either party to address infrastructure financing in america. while the political maneuvering has sec
CNBC
Dec 6, 2013 4:00am EST
their budget deficit targets. the brussels, frankfurt, berlin group will be trying to force them to comply. >> charles dumas, staying with us. >>> coming up on today's show, let me tell you what's ahead. taper talks go into overdrive as markets await the u.s. jobs report. but as experts look at last month's numbers, we assess how this could affect strategy. >>> and capital markets dry up in the sector, we'll discuss where to find value at 1020 cet. >>> the race is on to name asia pacific's number one tech hub. we'll take a look at the fastest growth technology firms. >>> and world cup fever hangs in the balance as nations find out who they are playing. we'll discuss the travel implications at 1045 cet. ya know, with new fedex one rate you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. >>> deal or no deal? the wto is trying to reach an agreement. >> the right to food security of the poor people, then only they will be saved. strengthening of wto is a shared responsibility of
CSPAN
Dec 5, 2013 7:00am EST
point that out. host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for taking my call. food stamps is not one of the
CSPAN
Dec 8, 2013 1:00am EST
's first democratic governor in 20 years. he faced the largest per capita deficit in the country. total debt of about three point $5 billion. he did several terms as mayor of stamford, connecticut, promising to make 2012 the year of education. in connecticut, he tackled a reform agenda in a state that has long been known for one of the nation's widest racial achievement gaps. the governor took the lead in passing one of the nations more dramatic education bills. it was public act -- some of the packages required a new teacher evaluation pilot in which 45% will be based on student learning. the governor's package created a commissioners network similar to the recovery school district. it has the ability to take authority over 25 of the state's lowest performing schools. an increased charter school funding. the figure will go to 11,500 by fiscal 2015. >> it is great to be with you. i appreciate the opportunity to speak about an issue that is very dear to my heart. i like to talk about what really needs to happen in the united states and put it into an appropriate context. we have been at
CNN
Dec 9, 2013 2:00am PST
washington post" says it would roll back some of the cuts and take action to reduce the deficits. overall it may not be the grand bargain some were hoping for. negotiators have been trying to find common ground since october as part of the grooemted thagre end the government shutdown. >>> so south africa. the nation and the world gather to remember nelson mandela. sunday was a national day of prayer in south africa with millions paying their respects to the former president. the preparations are now under way for a memorial service that will bring dozens of world leaders, including president obama, to south africa starting today. robin kurnow is outside mandela's home this morning. you've just spoken to one of his closest confidants. what did she say? >> we are hearing for the first time what is going on inside this house behind me. the home where nelson mandela died. we have been seeing a lot of people coming outside in the past few days laying flowers, paying their respects. we understand according to african tradition, nelson mandela's wife is sitting on a mattress in the living room i
CSPAN
Dec 1, 2013 9:30pm EST
chairman in d.c. and governor of ohio with the largest deficit in our history now balanced with a surplus, we want to get them to focus on doing their job. we all have to get behind this, republican governors, democratic governors. we have $17 trillion debt. it is sucking a lot of the life out of our country. we have the chinese using american dollars that they take from us to recycle in places around the world with the influence they have. we've got to balance the budget. it will restrain them. it will lead to greater economic growth. it is time to get back on this again. i think it is one of the most important issues the country faces. it will be interesting to see if democrats and if liberals recognize the fact at some point they have to be responsible in that town and meet the challenge of these deficits. >> you have been fighting it your entire public life. that is exciting. let me ask you. i have been struck since i'm in here by how many people are concerned that the republican party will repeat the same mistake in washington, d.c. that they made over the last several months. you kn
FOX Business
Dec 9, 2013 4:00pm EST
, couple things. one is the deficit has been get being smaller. there are fewer of them out there than there were a couple years ago. but there are also, i mean there are a lot of buyers out there, insurance funds, pension fund and don't forget foreign central banks who are trying to control their own currencies. david: there is no concern that there won't be demand there for the bond among fed officials? >> what the fed will tell you there are not, what they're trying to do is lower interest costs for households and companies. they're not trying to make it cheaper for the government to go out and run big deficits. i don't think they're worried about that. cheryl: jon hilsenrath, aka, bruce springsteen. >> thank you very much. how old is bruce these days? i think you don't need to worry. you're a lot younger than because. cheryl: kind of looks like bruce. david: will new york mayor-elect bill de blasio's wealth tax proposal cause wall streeters to move to main street? steve forbes talks about the potential implications of the new mayor's plan in just a moment. cheryl: they might be cor
FOX News
Dec 2, 2013 7:00pm PST
the disaster. the ever growing government deficits, debt, doubling of people on welfare, what do you think in the privacy -- i know you spend time reading and you are a student of history. what do you think privately will happen to this country? >> i think -- hmm. i think that we are -- >> in trouble. >> yeah. i think we are in a situation that we will either rise and be our best sefls. i saw something over the weekend. 70% of americans don't trust each other. if that remains true, well, we become europe. we have to trust each other. we have to be our bet sefls. otherwise we breast cancer up and never come back. there is a good chance that with the mike lee and the ted cruz of the world we do to the republican party what happened to the wigs. there was no third party. there were 20 republicans. by 1860 they had a president elected. i think that can happen in a faster time because of the internet. the if people stick to their principles and the people of the country remain good and decent to each other. if we believe the things that we are playing "knockout" and fighting over a few extra bu
FOX News
Dec 3, 2013 1:00pm PST
are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened to all the money we have already allocated, not only through the gas tax but states, municipalities and surcharges and -- where has that money gone. >> look around you and see in every community. we have had a dramatic reduction in the amount of money that has been available over the course of the last ten years. as i say, you haven't raised the gas tax in 20 years. >> but we have more gas revenue coming in because more people are driving and just demand -- >> that's not the case. >> is there a way to assure this in a lock box so it's intend for just that purpose? we do have a lot of other means by which we raise money to help our infrastructure, and our infrastructure still sucks. >> first of all, if you hadn't raised a fund
CBS
Dec 2, 2013 5:00am PST
a deficit. manning threw for five touchdowns. they win 35-28. >>> steph curry hit two free throws late to give the warriors the lead but the kings had the last shot. >> isaiah thomas playing beat the clock. , thomas to the rim, bogut blocks the shot, he got the rebound, warriors win! [ applause and cheers ] >> andrew bogut came through with the big block. and the warriors win it, 115- 113. warriors starting to get the momentum back, just wait until they get andre iguodala back in the line-up. that will do it. everybody, have a great day. >>> thank you, vern. play of the day from the broncos-chiefs matchup. denver runningback moreno shoal the show with interesting moments. first he cried during the national anthem just gushing out then the crawl comes after he was finally brought down by what seemed like the entire kansas city defensive line. and there he goes. doing the worm out there. moreno's moment today's play of the day. i think the broncos won. i'm not sure. >> they did. >> they are pretty good. >> yes. >>> 5:25 right now. toys are getting more high-tech from digital barbie to
MSNBC
Dec 4, 2013 1:00pm PST
decade or so. deficits being reduced. all sorts of cuts all over throughout this government. we're in a recovery from a recession. we're not adding federal jobs. and so the idea that he is sort of taking this government in a direction that it's never been in before is absolutely absurd. and just a little more history here. history will say this is the president only in this period of time who talked about contracting executive power. he's the only one who is publicly talking about reeling in executive power. when he responded to the heckler for the immigration piece, he's talking about really inexecutive power, let's do it through legislative processes instead of through executive orders. so you won't see any other modern era presidents talk about it. certainly no one previous in our lifetime to president obama. >> some happened with don't ask, don't tell. oppose the left people saying he should do something in executive order and he wanted to go through congress. so krystal, is the point hear really that republicans are facing the frustration of knowing that president obama did
MSNBC
Dec 4, 2013 2:00pm PST
to suggest that budget deficits are created by the poor. you know, you mentioned walmart and others who pay a sub minimum wage, essentially, the minimum wage isn't worth what it was in 1968. and they get -- that cost us $7 billion in just food stamps alone, because those people don't have enough money to stay out of poverty. they're against increasing the minimum wage, and they're against these people having enough money for food and their family. they know the fact that most of the studies show that most -- so many people on food stamps run out of food. the third week of the month. that when they have the money for food, et cetera $1.40 per person, per meal. they know how difficult it is for them to have the necessity. but that's not their political agenda. their political agenda is to demonize it. that's why they fight back so hard when the pope suggests that we should appeal to our better humanity, and care for these people and be concerned about these people. and try to get them up on their feet and get them proddive in society and provide the mechanisms to do that. that's what the pope
MSNBC
Dec 6, 2013 2:00pm PST
of these cash-strapped and deficit-strung countries in europe would like to have this when it comes to turning the private sector around? we're talking about 47 months. the jobless rate now is at 7% in this country. according to the bureau of labor statistics. we added 203,000 jobs in the month of november. it's all positive stuff. here's the bottom line. no republican help, no republican help for workers. no jobs package to make it better. this is all being done under president obama and the democrats' watch. john in this case coals, great to have you with us tonight. remember to answer tonight's question at the bottom of your screen. share your thoughts on twitter and ed show and facebook. we always want to know what you think. >>> coming up, a romney rerun. america has seen this movie before. but it's the only ticket that conservatives got to get into the theater. >>> plus, rush limbaugh's crude comments about the president and the pope have catholics demanding penance. stay with us. we're right back. from the frozen tundra. ♪ that's mine. that's mine. ♪ come on, kyle. ♪ [ horn honks
MSNBC
Dec 9, 2013 7:00am PST
when federal employees have disproportionately contributed to the deficit reduction efforts to date. over $140 billion of the deficit reduction efforts over the last couple of years have come from federal employees. >> and you represent a lot thoefz federal employees, so is that a deal breaker for you? >> absolutely. you cannot be asking federal employees to bear the share of the burden that they're asking for here as part of an agreement when you're not asking, for example, agri businesses that get huge taxpayer subsidies to have a contribution toward the deal. so we should be replacing the sequester. i've had a piece of legislation in to do that for three years. we've tried to get a vote on it and have been denied. but as we do that, you can't take this out on just one segment of individuals. you've got to have equitiy in this. so there are lots of things that are still up in the air as part of this negotiation. >> including unemployment benefits. and i want to play the republican argument from senator rand paul against an extension. here it is. >> a do support unemployment benefi
MSNBC
Dec 9, 2013 1:00pm PST
would push off demands for deficit cutting. the president has said the deficit should take a back seat to jobs right now. there are also tense negotiations over cutting hiking security fees. and lawmakers also talking about partially repealing the sequester spending cuts. proposals to extend jobless benefits for the long term unemployed have also hit a snag. the president says those benefits are critical for many families, and he pushed the gop on that issue this weekend. >> for many families, it can be the difference between hardship and catastrophe. last year alone, it lifted 2.5 million people out of poverty. and cushioned the blow for many more. but here's the thing. if members of congress don't act before they leave on their vacations, 1.3 million americans will lose this lifeline. >> did you hear that? there might have been a little shade there for republicans on the hill. they are giving themselves another long vacation starting friday. on the other hand, some conservatives now say opposing unemployment benefits is their way of helping the unemployed. >> i do support unemploymen
CSPAN
Dec 3, 2013 10:00am EST
's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special interests that are so often at odds are remarkably aligned when it comes time to recognize and fix this problem. business, labor, professional groups, local government, environmentalists, truckers, bicyclists all agree. the paralysis that surrounds questions of raising taxes does not necessarily need to apply in this case. ronald reagan, after all, was willing to sign into law a five cent gasoline tax increase 31 years ago when a nickel a gallon was real money. a user fee is in fact a different category from a general tax incr
Bloomberg
Dec 4, 2013 7:00pm EST
this thing with take off area >> i think there has been a huge miss focus .n the budget deficit it is really a long-term problem. the key thing you want to do right now is get the economy back on its feet and coming along. you are actually slowing that recovery down. i think it is just misguided policy. we do not expect that to last forever. we are also saying state and local government coming back a little bit more. that may offset the track we're going to get. >> you just mentioned that modesty oh moderate phrase. as you mentioned, the last four days books contain that wording. should we read anything into that? what does it say about the growth expectations going forward? >> we have seen the fed consistently lower their projections. they have been more realistic. anticipating that growth will pick up, the key issue for the fed, and particularly with a new fed chair coming in, janet yellen is going to be preoccupied in this guiding -- and deciding when to taper and how rapidly to taper. more important like, how to communicate detentions to the markets. landly, the asset purchase cannot go
CNBC
Dec 6, 2013 9:00am EST
. you're right. they have a big current account deficit. if and when we see a beg effect on tapering, we may see them suffer. >> violence with the mines. this is a nation that has a lot of questions open. >> absolutely. he didn't solve everything but certainly i think things could have been far worse. >> and also the metamorphosis just as gorbachev was changing the world as well. >> he shifted in four years. the castro bothers, 50 years, they still haven't. >> it's nice seeing you down here. >> you, too. >> as massive ice storm is moving across the country bringing freezing rain, snow, sleet and jim cantore joins us. >> reporter: thank you very much. normally in the east the sun comes back up and it warms up and everything melts. unfortunately it's only going to get colder. this morning we started out at 30 degrees and now it's all frozen and the same this evening is happening on the road. you'll notice the cake and the glaze, you have to pry this off. the salt and sand trucks are dealing with the main there owe fair -- thoroughfares. but mass transit, about a thousand fights in and out
Bloomberg
Dec 9, 2013 2:00pm EST
reportedly been stronger as they forecast a narrow trade deficit for the u.k.. more on the trade market in 30 minutes. ♪ >> this is "money moves," where we focus on innovative alternative investments. here are your bloomberg top headlines. we are following john paulson, making a comeback after a few years of wrongly invested, his investment fund is up 30% this year, according to people briefed on the returns. profitable positions on m&a are part of the strength. he is best known for making 15 billion dollars by betting against subprime in 2006 and 2007. the new american airlines has taken off, the merger between american and u.s. air officially closed today, creating the world's largest carrier. the new ceo says that flyer should not be worried about the changes. the employees, the airplanes, that is how this merger works. we need all of that. the networks are highly complementary. so, we put the networks together and we have everything we need. the supply is unchanged. if the supply is unchanged and demand remains constant, there should be no changes in price. rises in our business move a
CNN
Dec 9, 2013 3:30pm PST
raising taxes. >> yes. from a serious deficit to a positive balance of more than a billion in three years. >> so should that be an explicit goal of both parties in washington, d.c., to get back to a balanced budget? >> yes, to a degree. i'll refer back to defense, for example. at the federal government level, we need to balance our priorities. now, whether the budget in any given year is balanced in the sense that both governor pawlenty and i have to do it at the state level is another matter for discussion. what we -- in balancing priorities, then we have to balance what our expenditures are in terms of what is the return from investment. so an absolute commitment to a balanced budget in accountancy terms may not be in the interests of the united states at a given balance expenditures against revenues and then be reasonable about what we are willing to invest in terms of getting revenues, just to be against taxes per se means to be against our own national interest. >> speaking of balance, we did have a guy who ran for office saying he would take a balanced approach if president obama wo
Al Jazeera America
Dec 8, 2013 7:30pm EST
water is in the vine. it tells us if the vine is in a deficit or doing fine. >> with this, we can actually save water, which is an important thing. >> especially in california which seems like its been in drought ever since i can remember. >> by eliminating water at the right times and by giving water at the right times, we can have those berries grow small. the smaller the berries, the buser the skin to juice ratio is. that means more robust, big, juicy wines. >> innovative technology also fine tunes the work at the crush pad. here, alias programs the optical sorter to choose grapes based upon a specific color. only the right ones. everything else gets dump here we notice the change almost overnight. the wine is only 5 or six days old. fresher, cleaner, more focused. it was phenomenal. we are going to check out a red wine ferm entation. >> what was sorted earlier? >> it looks look luke soup. >> they communicate with alias via wi-fi. >> if it gets too hot t will send me an alarm. you get a phone call from your fe fermentation team. >> i get a text and phone call. i have them at 2
CSPAN
Dec 4, 2013 6:00pm EST
-off family. which means by the time she starts school she is already behind. that deficit can compound itself over time. and finally rising inequality and declining mobility are bad for our democracy. ordinary folks can't write massive campaign checks or high-priced lobbyists and lawyers to secure policies that tilt the playing field in their family and at everyone else's expense. so people get the bad taste that the system is rigged. and that increases cynicism and polarization and it decreases the political participation that is a requisite part of our system of self-government. this is an issue that we have to tackle. if in fact the majority of americans agree that our number one priority is to restore opportunity and broad-based growth for all americans to question his why ask washington washington -- why his washington consistently failed to act? i think a big reason is the myths that have developed around the issue of inequality. first there is the myth but this is a problem restricted to a small share of predominantly minority people. this isn't a broad based problem or a black problem
CSPAN
Dec 4, 2013 7:00am EST
. caller: good morning, america. in 2008, obama came in. a budget deficit. $9.6 trillion deficit. in, america hired democrat congress, senate, president. they stuffed obama down our throats without any consent from republicans. here we are $17 trillion in debt. benghazi, mexico. people whove the believesnd what obama -- shutting down businesses. these democrats have done enough. harry reid has not passed a budget in this country in six years. where is the outrage there? we have no budget. where's the outrage? we are a country with no budget. you run your household with no budget? they are stealing the money to go back to the campaigns, to a democrats. wake up and look at the democrats -- facts. this guy's a socialist and that is what will be coming. god bless us all. host: former president bill clinton weighed in on the health care law i while ago, saying that the president should keep his pledge on if you like your you -- insurance you should keep it. was interviewed yesterday and asked about why he made those comments. [video clip] is it because you are setting the way for mrs. cli
FOX Business
Dec 4, 2013 7:00pm EST
anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do next as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the powerools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] tod
FOX Business
Dec 4, 2013 10:00pm EST
't trust each other anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers on a security agreement that would allow u.s. troops to stay in the country past next year. the spokesman of hamid karzai says he would not promote any of his ministers to sign in his place my certain demands are met, including a demand to change miliary operation. any major blow to hezbollah. one of its top military leaders gunned down outside of hishome in a busy beirut suburb. has bloke was quick to blame israel for the assassination and israel denied any involvement in the death of the terrorist. in the ukraine, more protest over closer ties with russia and reduction of
FOX News
Dec 4, 2013 11:00am PST
the growing deficit problems according to president obama and said that is the biggest challenge of our time and said that he is going to spend the last three years in office trying to battle that. that is a populist kind of message one that he tried to strike before the election of 2012 and again that he has tried to hit again and again about income in equality. it is tough for the president to make with this president dealing with the economy that he has been staeering now for a few years. >> i want to turn you to obama care. the administration it appears now knew more and more and more from the federal register in fact mid range estimates show that 76% of small group plans would be cancelled. 55% of large employer plans would be 63% in all. what do you make of this. >> jim engel has been getting into the weeds of this. this is from the federal register. this is their projections of the total 157 million employer policies set to be cancelled next year of the 157 million, next year according to the projections, you had the mid range estimates 76% of the small group, 55% of the large employe
PBS
Dec 3, 2013 6:00pm PST
soul for older ahead of the game which is important because that means the budget deficit that is gonna come down a bit as well so the reports of numbers in the big picture. events like these more of that frame of reference is showing that was consistent with a blaze in a number of people being paid for. so what to get and there is that more people in work paid for income tax but also forcing an increase in the eighteen members about the consistent again but more people at work earning a bit more money spending it with a bit more money into a comedy i'm not a drop in the number of people the live register again consistent with the full and standing on the social welfare side. so overall this awesome to see possibly be a reversal of that vicious circle that beat odds in the economy over the house five years on possibly hopefully at the start of a virtuous circle of more employment more taxes more spending. i have been the economy and less spending on things like social welfare. they didn't teach our kids. the former chairman of the labour party kong tv has joined see enough old beagle le
PBS
Dec 4, 2013 8:30am PST
that the deficit all the park is open to counter anti pulled out of the chinese academy of scientists shows. and if he doesn't love an adopted over the place and can count about two point five two he ran for four hundred and doing your dollars. but the real numbers to forty four point three billion us dollars. now with almost three hundred pics in piccadilly raquel is distorted. well the problem is their duty. both central and provincial government to allocate enough money to person contact. they don't want you to put money into the pentagon to always appreciate. chinese leaders expressed their opinions on the internet one roof top. i paid over three decades of conscience or be nice to me might come to camp really have money left. the problem is that although the end of the retirement age. what if i still have no money might have to count them. another one complaint about the attitude toward and to quote mike and i determined that today would lead the charge for pension issue the nineteen ninety five and holding the pension problem after directed the government that penchant to the reliant
PBS
Dec 4, 2013 8:30pm PST
and also the us trade deficit shrank as exports the assertion that really now puts the friday jobs numbers of well into focus. so we'll keep track of the hallmark has developed over that not domestically. there's also a focused effort to gain as investors eager to be like keeping a close eye on whether the bank of japan is going to implement further policy action in order to achieve its target of eighteen percent rise in consumer prices a lot of domestic focus as well fight and the dollar remain as we've been on covering still in the one o two yen levels where do we stand exactly this thursday morning. yeah exactly i caught a little bit of fluctuations in t dollar yen during the summer to write up of him to put thirty c to thirty four is the thing come off a little bit from the highest hundred ft points thirty seven on tuesday to these current levels thus traders the cash in on the dollar's recent gains the euro hundred and thirty nine points or one two zero nine euro yen and that remains stuck in a range ahead of the key central bank policy meeting later today if the european central bank
PBS
Dec 8, 2013 5:30pm PST
this taken me through a deficit of one penalty. and things around before the break when an airplane equalised with a grey and the like. when the then came from mike schools that will also sport from the penalty spot like the captain predicted that this was sent off for a second to none. the weekend results so far look like this got one for two against time about how spoke back to when it come but finds that last attempt a call sometime on sunday at the coast was well like take on britain. stay with us sunday champion. are you. the years. sure sweetie it. the team he was sixteen this keeps the second set nineteen ski team in each district to its gdp who graciously decided to start we didn't eat by the sea. i don't like effects. it tells its own pc the year. as the week starting ukraine was in the midst of its worst political crisis since the orange revolution almost a decade ago. demonstrators laid siege to government buildings. this issue the debate on the klitschko called for the resignation of president viktor you know cool pics. the latter's refusal to sign a pro europe act to restrict the
ABC
Dec 4, 2013 6:00pm PST
are likely to be filed finally warriors have overcome a 24 point deficit. ora cell went quiet to electrified today, in video by the warriors head coach mark jackson helping fill 2500 gift bangs handed out by low income sxridz families >> this is about giving back, assisting others and making a play for someone right new not in a position to mick a play. >> abc7 sports brought to you by orchard supply hardware. >> we're 15 seconds late because cappernick went too short. >> yes. man of few words. >> he can throw. >> and run. >> night sky just got brighter this, is a live look at what may be the largest living christmas tree in northern california. >> stands 150 feet tall rising near win chester boulevard you can see it if you're driving along interstate 280. it's a beacon for toys for tots drive. >> that is nice. join me tonight at 9:00. new reports of that person leaving extravagant tips at restaurants the first glimpse whof might be behind the generosity. we've learned it is not larry. >> that is for sure. >> and on abc7 news at 11:00 a massive security breech. millions of accounts, how you
KICU
Dec 6, 2013 4:00am PST
cutting benefits to cover a $100 billlion deficit. unions are planning a fight. and starbucks is out with a fancy shmancy metal gift card...that costs $450 dollars. it goes on sale at noon est today at gilt.com. only 1,000 are available. tim mulholland of china america capital joins us now from the trading floor he's getting set for the jobs number coming out today. will we see jobs on the rise? > >given the adp report, the gdp report, the initial claims earlier this week and yesterday i think expectations are for a strong number. so that's what the market's expecting. i think an expected number of 185 will be considered good. if it's a stronger number than expected, above 200, bonds sell off in this anticipation of tapering. but i think we're still along ways off of that. i also think we need to consider if it's a weaker than expected number i think that fears of any early tapering are off the table and maybe we'll be off to the races again in the equity markets will continue quantitative easing and stimulus in the market. > >what else could we see as far as market reaction today?
CBS
Dec 2, 2013 4:30am PST
amount of deficits or making a full recovery. >> reporter: 24 hours later word reached the crew the boy was doing better, so much he is expected to make a full recovery. >> wow! it is the best early christmas present all of us could possibly imagine. >> reporter: just another day on the job at fire station 23, saving lives along the way. brian webb, kpix 5. >> and that toddler's grandmother who dove in after him was also treated for hypothermia and will recover. >>> an online arrangement to sell a videogame system ended with a murder in san francisco. the seller was robbed and shot to death yesterday afternoon in the bayview near bayshore boulevard and gerald avenue. the victim's name hasn't been released and so far there's no description of the killer. >>> keep your purses and shopping backs close while taking public transportation. muni especially wants riders to be on high alert. pickpockets, robberies and cell phone robberies have been a problem. muni wants people coming in the city to keep a close eye on their stuff and surroundings. >> i keep it very tight. i don't keep it exposed
KOFY
Dec 4, 2013 7:00pm PST
deficit. ora cell went quiet to electrified today, in video by the warriors head coach mark jackson helping fill 2500 gift bangs handed out by low income sxridz families >> this is about giving back, assisting others and making a play for someone right new not in a position to mick a play. >> abc7 sports brought to you by orchard supply hardware. >> we're 15 seconds late because cappernick went too short. >> yes. man of few words. >> he can throw. >> and run. >> night sky just got brighter this, is a live look at what may be the largest living christmas tree in northern california. >> stands 150 feet tall rising near win chester boulevard you can see it if you're driving along interstate 280. it's a beacon for toys for tots drive. >> that is nice. join me tonight at 9:00. new reports of that person leaving extravagant tips at restaurants the first glimpse whof might be behind the generosity. we've learned it is not larry. >> that is for sure. >> and on abc7 news at 11:00 a massive security breech. millions of accounts, how you can be a victim and not know it. >> and tonight here on
MSNBC
Dec 4, 2013 12:00am PST
throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way ininstead of bankruptcy. >> when you look at the number of bills passed by the house and the paltry number of bills passed by the senate you can see where the problem is. >> yes, we can. and we'll talk about it next. >>> there are eight, count them, eight legislative days left in the first year of the 113th congress, and it is on pace to be a record breaking one. the least productive congress in the history of the american republic. the first session has passed 52 laws so far, easily making it the least productive first session of any congress in history. it is lowest than the least productive first session that happened to be from the last congress, the 112th. this may why congress's approval rating hit an all-time record low. cong
LINKTV
Dec 2, 2013 5:00am PST
in october from a deficit in the previous month. moving on to currencies, the dollar is gaining momentum against the yen. dollar/yen currently changing hands at 102.78-81. analysts say rising long-term u.s. interest rates are helping boost buying in the u.s. currency. the euro/yen is being quoted at 139.21-24. >>> in other business news, u.s. online shopping giant amazon is hoping to bring the future a step closer. it's trying to deliver packages directly to your doorsteps using small unmanned aircraft. the company has unveiled a test video of a small drone with eight propellers carrying merchandise in a little box. the drone is equipped with a gps system. it can carry packageswaring up to 2.3 kill am gras each. the company aims to deliver packages from distribution centers within 30 minutes. ceo jeff bezos says this is no science fiction. he says the service could be technically ready in four to five years. but bezos adds that u.s. aviation authorities will need to drop regulations for unmanned aircraft before such a service could get off the ground. >>> fast food chains in japan are co
LINKTV
Dec 9, 2013 2:00pm PST
exports and ports e likely to balance may be ry long run. have been runng maj deficits with japan foyears. good news in terms of getting cheaper goods, bad news in terms of a downward pressure on employment. still, in total, the gains from comparative advantage tend to be so larg that economis, unlike phaps ao workers orexti, are willing to wai r the long-term adjustments to work out. ofourse, if the other country is comting unfaiy, then that is another matter. on the football field, america liin politics,n, before the law, and in business. an even match on a level field seems to be the best way to decide the best team, the best candidate, or the best buy. but what happens when a foreign company, a company beyond the reach of american law, doesn't play fair? what happens when free trade isn't fair trade? the american steel industry. modern america -- its buildings, its bridges, its cars -- was built on steel. for almost 75 years, the industrial giants which ran american steel played by their own rules. lack of competition made price increases easy, easier than replacing old and inefficie
CSPAN
Dec 1, 2013 9:00pm EST
the economy because it is growing, he cannot ask about the deficit because it is falling. he cannot ask about the numbers in work because they are rising. people can see that we have a long-term plan to turn our country around, and people can also see him sitting in his room, desperate for bad news to suit his own short-term political interests. >> one in eight men will be diagnosed with prostate cancer, the silent killer of middle-aged men. survival rates have risen from 30% to 80% because of breakthroughs in genetics, diagnostics, and drugs, and because of charities such as movember, which has gone from five blokes raising $500 to the world's biggest prostate charity raising $300 million. will the prime minister agree to meet me and representatives of uk research charities to see what we can do to make the nhs adopt innovation more quickly? >> my hon. friend raises a very important issue. everyone wants to see more research and better outcomes for prostate cancer. may i personally praise him for that magnificent growth on his top lip? i have noticed the number of my colleagues, suddenly res
CSPAN
Dec 2, 2013 2:30pm EST
budget, offering responsible solutions to address the budget deficit, cancel the sequester and grow the economy. last march we offered our budget for fiscal year 2014 as an alternative to the budget that was adopted by the house. the c.b.c. budget makes tough choices. but not at the expense of our most vulnerable communities. the c.b.c. budget offers a concrete plan that both cancels the economically disastrous sequester and then pays for that cancellation. our budget is able to do so while also protecting social security, medicare, medicaid, snap nutrition benefits and other vital safety net programs that protect millions of americans from poverty. c.b.c. budget also reduces the nation's budget deficit by approximately $2.8 trillion over the next decade, compared to the february baseline calculated by the congressional budget office. other ideas have been presented in the past to either cancel the sequester or reduce the deficit. they almost always include significant cuts to social security and medicare. these ideas have included changing the way the social security benefits are c
Bloomberg
Dec 5, 2013 3:00pm EST
pill. a big hit to government spending but a sharp improvement in the deficit to gdp ratio. we do not have to swallow the pill again in 2014. we have reset government spending out lower levels. we did not have to do it all over again. makes for pretty easy comparison year-over-year when you compare 2014 to 2013. sex we are running less of a deficit. that is good news. what if you drill down and talk thet individuals? >> it is verge because of the wealth effect. rising. have been consumers are at the upper end of the spectrum and have been really getting the benefit of higher net worth. here is net worth as a percent of disposable income. we have seen very sharp improvement that is driving the spending we are seeing in the economy. >> in other words, the total net worth is 600% of what you make. if you make 100,000, you are worth 600,000? >> exactly. s&p is up. equities are up. general home price valuations are up. we have been covering a lot of the lost wealth. five years after the financial crisis, we have recovered a lot of the wealth. the dominant theme for spending in 2014. >>
CNBC
Dec 4, 2013 4:00am EST
all they have said about reducing the deficit over the next few years, it leaves room for cutting taxes. i think what the uk needs is a rebalancing towards investment and exports. the government realizes this and i think as a consequence it's unlikely to do things to throw additional fuel on the fire of consumption. >> do you think the government is doing enough? are you expecting any measures, say, on planning tomorrow from the troika? would that have helped? we had construction pmis this week very strong, rising like a phoenix out of the ashes. but many suppliers saying the supply side of that market is still very, very underperforming. >> yeah. i mean, when it comes to the supply side of the uk housing market, it really is down to things like change, having a look at the green belt legislation, trying to, you know, incentivize local authorities to watch the yen gauge much more heavily in this planning process than they have up to now. so it's not really about major macro reforms. i think it's about reforming the supply side of the housing market. that's going to take many years
CNN
Dec 6, 2013 2:00pm PST
the government, folks with the national deficit dropping at its fastest rate in 60 years? it is time to stop the obsession with deficits and start an obsession about middle-class job creation. >> well, governor granholm, i'm going to give the president credit for these numbers -- >> stop the presses -- >> but this nation is still woefully unemployed. he has to take credit for that, too. i know his numbers could not have come at a better time for an administration that's had a rough couple months. in the crossfire tonight, a pair of economic experts, david madlin director of the american worker project for the center of political progress. >> and david, let me start with you. even though this morning's jobs numbers sound rea
CSPAN
Dec 3, 2013 6:00pm EST
,000. >> so deficit or not or maybe especially if we have a national deficit. spending money on pell grants is red investment for our taxpayers. >> yeah. i was going correct you and say it's not spending. it's investment. you are correct. thank you. i appreciate the opportunity. the porps of moving as a nation away from a philosophy toward higher education i've lived importance of the degree. but of course the world has changed a lot in the last 40 years. i would say the federal financial aid system is one of the great success story in the history of the federal government. when our goal was access, we have provided access to higher education for people in the country. like never seen before. in a degree that us value. the income won't be higher. people are graduating with disagrees that make their income no higher. we now have to move from a system that provide access alone to one that incents success so making people's lives better. of course, while it's happening. costs have gone up too. people are now leaving if they don't get a degree most often would too argue they're literally worse
CSPAN
Dec 5, 2013 10:00am EST
the surplus but they also share the deficits so if there is a regional deficit, the pain will be shared in terms of frankly rolling blackouts if it comes to that. we can hope for a cool summer in the summer of 2016 that's not necessarily a prudent approach. with that i would be happy to answer any questions. >> our next witness is mr. john morrissey and you are recognized for five minutes. >> good morning chairman, ranking member and members of the subcommittee for holding this hearing and the opportunity to testify. as i acknowledged there is a significant change occurring on the energy landscape. the operation in america has experienced only a modest incremental change over the last decades yet in recent years the development of new technology is bringing much more rapid change to the system that can't be disruptive. i think embracing these changes will allow a much more efficient utilization of energy resources. the challenge before us is to enable the system to be more efficient through the utilization of technology and foster the development of a diverse set of competitive energy r
CSPAN
Dec 3, 2013 12:00am EST
. he faced the largest per capita deficit in the country. pointdebt of about three $5 billion. he did several terms of -- as mayor of stamford, connecticut. make 2012 the year of education in connecticut, he tackled a reform agenda in a state that has long been known for one of the nation's widest racial achievement gaps. the governor took the lead in passing one of the nations more dramatic education bills. act -- some of the required a new teacher evaluation pilot in which 45% will be based on student learning. the governor's package created a commissioners network similar to the recovery school district and we see hannah. it has the ability to take authority over 25 of the state's lowest performing schools. an increased charter school funding. the figure will go to 11,500 i fiscal 2015. -- 2015.cal 20 fiend you. is great to be with i appreciate the opportunity to speak about an issue that is very dear to my heart. i like to talk about what really needs to happen in the united states and put it into an appropriate context. we have been at the business of educating on a public basis
CSPAN
Dec 4, 2013 1:00am EST
. in the long run, what we save shows up as higher paychecks for workers and lower deficits for the government. indeed, the cbo estimates in the second decade, once the aca is in effect it will shave 0.5% gdp off the deficit every year. that's about $80 billion each year in today's economy. the new york times reports this morning that the cost of the aca is headed in the other direction. economic benefits are going up and costs are going down. how do we implement all these benefits to make sure it translates into better care for every american? a lot of the benefits are in place, as i said, americans had been benefiting since 2010 but what we have to do is keep spreading the word so americans know these options are available to them. for americans without insurance, we are working to help get them covered and this is where much of the attention has been since october 1. the new health insurance marketplace will help insure millions of hard-working americans find affordable health care. in states where they are working to make this law work for more of their federal citizens, people are signing
CSPAN
Dec 6, 2013 6:00pm EST
, loss of bladder continents, and the deficits of treatment are currently outweighing the benefits. so that test is no longer recommended. the numbers are pretty clear that the overdiagnosed of early breast cancer happens in many cases as well, and there are a number of things that are being undertaken to try to improve the situation clinically. from the point of view the national cancer institute, the thing we are trying to solve is the question of how we can take these early abnormalities and apply new kinds of tests to distinguish between those that are likely to evolve into life- threatening illnesses and those that are simply the nine -- benign abnormalities that would not cause serious symptoms or life-threatening situations had they not been detected. host: we're talking with leading researchers about their areas of expertise at the nih. dr. harold varmus is the director of the national cancer institutes. al is joining us from cambridge, ohio. caller: good morning. it is a pleasure to be able to talk to a doctor out here after working for 40 years at a good job but cannot seem t
FOX Business
Dec 3, 2013 11:00am EST
is insolvent it is detroit. has been borrowing money and using deficit financing for years. this is not a bankruptcy like jefferson county, alabama which is a single transaction. this is a city that is structurally solvent meaning it spends more than has coming in and accumulated debt that it can't pay back. connell: this portion of it jeff was referencing, refused to go farther than people thought with regard to pensioners. they get no more favorable standing than other creditors do. jeff says that could have implications for other places. >> it could have implications but those places have to be in bankruptcy. at this point you have two dozen states where state court rulings or constitutions protect pensions, not only what you already earned but anything you might turn going forward which is far greater protection than anyone has in the private sector.% so you still have to be in bankruptcy for this to apply and right now we don't have a lot of cities tumbling into bankruptcy. dagen: will it encourage them and push municipalities toward this? >> it is a very interesting s
CNN
Dec 4, 2013 10:00am PST
and deficit. >> we'll see what they can come up with between now and then. that's it for me. i'm be back 5:00 p.m. eastern in "the situation room." "newsroom" continues right now with brooke baldwin. >>> hi, there. i'm brooke baldwin live in new york today. we begin with a story that absolutely broke the nation's heart. i'll never forget it. i was there in newtown. i saw first hand the utter devastation, the anguish upon the faces of those in the community, the first responders, the children because of the shooting at sandy hook elementary school. i talk eed to a first responder trembling with grief. i saw the funeral processions with the tiny white caskets for young first grade victims, and moments ago, we got the 911 calls, these tapes, from that mass shooting in this quaint connecticut town. the 911 calls from inside the school where a an
Al Jazeera America
Dec 4, 2013 4:00pm EST
not propose any initiatives during his speech. but he said a rapidly growing of deficit opportunity is a bigger threat than the fiscal. we'll go to danny, professor of economics, great to have you back. >> thank you. >> a pleasure, you heard just a moment ago, america's dangerously growing income is defining the challenge of our time. is the president correct, or is he, as some would say, overstating the income inequality and wealth gap argument with that kind of a statement? >> no, if anything there is an understatement. he's absolutely correct saying that it is a defining problem. and this problem has just--it has been exacerbated by global pressures. it is an issue that the white house--i had an opportunity to attend a summit at the white house by the president's council with economic advisers. it is an issue that has to be addressed in light of what is taking place in the economy. >> let's drill down an a bit. we had a conversation before we went to air. as concerned as you are about income inyou quality, you're even more concerned about the wealth gap. >> if you look at income
Al Jazeera America
Dec 9, 2013 4:00pm EST
-- if you want to keep a deficit the way it is, you need to find some way to save money elsewhere if you're going to boost spending for the next two years which is what they're talking about. they're talking about cutting spending over a longer time frame in other areas. one area they might ask federal employees to pay a little more for their pension plans. another possible rumored area is they might hike the fees for airline security. now we don't know the exact details of these, and in some ways that's actually a good sign. the fact that a lot of these proposals aren't really leaking in their specifics means that the talks are still ongoing and that they're still productive and you know, a couple of people have said, once you start hearing these damaging leaks about oh, this isn't it or democrats are proposing this that's when things are falling apart. >> brad let me ask you, what are the chances of this deal as it's taking shape now passing both chambers, i'm particularly talking about the house, if you talk about fees that's easily construed as a tax. >> the house is a tricky part. t
CSPAN
Dec 3, 2013 2:00am EST
with the largest per capita deficit representing 17% of total revenue, and i had to go in a different direction. actually realizing our gap was too big to cut our way out of it. i went on the road and got heat up. someone had to go on -- got beat up. someone had to go on the road. mad atere a lot of evil me. a lot of folks spending a lot of money to try to defeat the organized effort at school reform, even though they supported certain aspect of it. they might carve out a corner they like, but it was a total picture. someone has to have the discussion. someone has to bring the discussion to the community. demonstrate you mean business. we want to work with them, but we need to change direction. -- failing to properly educate the kids. those are some of the largest school district. you cannot succeed when you are doing that. when you look at connecticut demographically as one of the more rapidly aging states, you are throwing away your opportunities. someone had to say that. i felt that was my job as governor. the lieutenant governor was by my side during those times. someone had to make it ok t
CSPAN
Dec 8, 2013 6:00pm EST
is that it is difficult. when you look at the deficit we have had, when you look at sequestration, it is obvious that we will be building smaller budgets. you do not see that reflected frequently in congress. we are still arguing to make sure we do not cut these things. always a small group when the pentagon says they're trying to decommission it, people say you cannot do that. the battle over the size of the national guard. congress has got to wake up and understand the budgets are getting smaller. that's just the way it is. let's make some intelligent decisions and scissor trying to defend every little piece of the budget. i think the pentagon tried to take a holistic approach. i hope they start to be more cooperative. ofsonnel costs have to part it. we can make sure that we have the training equipment necessary for the military. >> this budget that will be dropping is probably going to be the first one we have seen that will confirm with the caps we have seen in the budget control act. if adam smith were the secretary of defense, where would the cuts most heavily fall? we were talking about compensat
CSPAN
Dec 8, 2013 7:00pm EST
deficits through the role in the appropriations committee. that becomes a really ugly conversation within the party. >> let me also share with you one of the latest as in louisiana. health care and the use of a familiar scene in louisiana, the theme of the said, let's watch the -- let's watch. >> there is a danger. many have warned that is coming. now they are in a hunt and headed for you. >> at least 80,000 people statewide would not be able to keep their current insurance because of the guttural health care overhaul. >> louisianians are struggling because of obamacare. she recently told reporters, "i am not concerned for anything." she cast the deciding vote for obama care in the first place. it is the brave new world of government incompetence that we will live in. guest: the last line for that is interesting because that is new. the brave new world of government incompetence. that is something the launch of the obamacare website has over republicans. up to it is no longer it is better for you. -- the government is better for you. these guys are incompetent buffoons. it is a attack tha
FOX News
Dec 4, 2013 1:00am PST
no more bailouts. >> also said it wouldn't add a dollar to the deficit and the insurance companies knew they were always going to get this. that's why i don't buy when anyone says it will collapse on its open weight. they will continue to pump money into save it. in there was a tragic train wreck in new york over the weekend and the conductor lost his insurance because of obama care. so i think frankly that there are a lot of things happening in america today, the problems over obama care, the weather, everything is going terrible. >> are you kidding me? the fact of the matter is things starting to work better and better. the democrats have to run on it. they know they can't run against it. they voted for the they think. by the way, this earpiece one more time -- they voted on it, so now what are they going to do? they will try to get around behind it, so they have to run on it. >> what about the bailout for the insurance companies? >> i wouldn't bail the insurance companies out if they -- >> that was from the white house. the white house offered incentives to, quote, help offset losses
FOX News
Dec 4, 2013 6:00pm PST
the website, get on, it's safe. can be trusted given the trust deficit the polling suggests. can he be believed? should the people believe him? >> first of all, let's start with health care. we are obviously in a period of transition. i think you will see a lot of bumps in the road as we move forward here. >> big bumps. >> the law will work. it's already started to increase. >> very low. there was only one direction the to go. >> a lot of them are 18 to 29. you were probably a straight a student and planned ahead before things were due. >> you keep that rolling. >> a lot of folks will get ready right before the deadline. that happened in massachusetts. >> get back to what i said. >> on the trust issue. you know, look. this isn't the first time the president is running on a big serious issue, on the auto bailout. people weren't happy about it. it was unpopular. on the bp oil spill. people called it obama's katrina. >> they think he lied. that's different from didn't handle it well, could have been better. >> same thing people said about bp. >> people think he lied about their health
FOX News
Dec 5, 2013 10:00pm PST
if the challenge is successful, deficit spending could be reduced by $700 billion in the next decade he's here to explain it. oklahoma attorney general, scott pruitt. mr. attorney general, can you breakdown the law for us? >> good evening, sean. one of the things have you to recognize when congress pass add fordable care act, they recognized importance of the states in rolling out exchanges we see y they've not done a good job of it and knew they cannot commandeer or require the state to impose changes. the subsidy goes you through health care exchanges. 34 states came in and said no, irs said we'll fix that and says subsidies with exchanges. so our lawsuit is making sure the letter of the law is complied with >> but the law didn't say. that the law, in other words gave you the option, did it not? didn't say there would be penalties? >> right if there is no state health care insurance exchanges there are no subsidies. if there are no subsidies there are no penalties now, irs saying we're going assess the penalties whether state exchanges have been set up or not they're doing what they do often
FOX News
Dec 9, 2013 1:00pm PST
't have any problem with higher taxes if it reflected in deficit reduction or reflected itself in debt reduction. >> that wouldn't be your first point. >> my first point would be to get a spirited leader elected. the last thing is, look at detroit. it can happen everyplace else. >> speak your mind. when we come back, let's say that santa has nothing on these guys, which makes me think, after what i'm about to tell you, they should rebrand red suits for all these nsa guys. :: >> think that was santa? it was an nsa guy dressed as santa. now the judge is furious. wants to give them all a lump of legal coal. >> they deserve an indictment because it's a violation of state law, and federal law and a violation of the constitution. local police, seeing what the nsa is getting away with by capturing every text and e-mail and phone call and recording it and copying is, are now beginning to do the same thing. the have for $400,000 -- i'm going to tell you at the end of this segment where it came from -- bought a device that look like a cell tower and attracts cell phone calls to it. they set up t
KICU
Dec 6, 2013 11:00pm PST
a seven point deficit to win by nine over toronto. tonight in houston golden state nearly made as many turnovers as field goals. warriors in their dark jerseys shot 36% from the field. rockets scored 23 points off golden state 22 turnovers. james harden you're so vicious. 34 for harden. he also led the team with eight turnovers. look at this alley oop pass. here comes houston. there goes harden. warriors never in this one. they lose this one 85-83. >>> sharks are already regretting their east coast trip. they lost back to back games in regulations for the first time this super bowl. it felt like the grinch stole christmas in raleigh. san jose scored twice. sharks make something happen in the third. justin braun one times it. steals a goal past ward. we're tied at three but it wasn't meant to be. rookie elias lenum deflects it. an empty nether to score three goals and they win 5-3. the baseball business is just getting wackier. yankees win two big [ female announcer ] for those who love sweets your season is here. let's just call it the baking time of year. you need special ingredients.
MSNBC
Dec 3, 2013 6:00pm PST
might remember him from the big deficit reduction in 2010. he was part of that and he killed it. also the big bipartisan gang of six. he was part of that ena he killed it. he was about part of the grand bargain in 2011 which was killed by paul ryan. so yes, patty murray and paul ryan are reportedly close to a deal that would kill the sequester, get us a budget, and all sorts of reasonable things that everybody in washington says they want. paul ryan's history of working on deals like this is he likes to be seen working on them before he breaks free and calls them impure and kills what he helped to negotiate. i'm not getting excited about this yet. initial reports are positive, long term prospects are dim. even the babiest of babe steps are steps. in a year like this one, a congress like this one, the most meager signs of progress must be nurtured. so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer service, check on a claim...you know, all with the ah, tap of my geico app. oh, that's so cool. well, i would disagree with you but,
MSNBC
Dec 3, 2013 8:00pm PST
to be creative about how you drive down their catch throw deficit. but the way to do it, and tragically the bankruptcy court can't order the state to kick in a little money, to put back the $47 million they paid, that's the way to do it. so -- >> so if they wanted to reinstate that revenue sharing they took away, you could create a cash flow to get their head above water? >> yes, and you could do it that way instead of bankruptcy. >> when you look at the number of bills passed by the house and the paltry number of bills passed by the senate you can see where the problem is. >> yes, we can. and we'll talk about it next. it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about
MSNBC
Dec 3, 2013 9:00pm PST
with paul ryan on this. you might remember him from the big deficit reduction in 2010. he was part of that and he killed it. he was part of that ena he killed it. he was about part of the grand bargain in 2011 which was killed by paul ryan. so yes, patty murray and paul ryan are reportedly close to a deal that would kill the sequester, get us a budget, and all sorts of reasonable things that everybody in washington says they want. paul ryan's history of working on deals like this is he likes to be seen working on them before he breaks free and calls them impure and kills what he helped to negotiate. i'm not getting excited about this yet. initial reports are positive, long term prospects are dim. even the babiest of babe steps are steps. in a year like this one, a congress like this one, the most meager signs of progress must be nurtured. urpassed craftsmanship at the lexus december to remember sales event. some of the best offers of the year. this is the pursuit of perfection. the day building a play set begins with a surprise twinge of back pain... and a choice. take up to 4 advi
MSNBC
Dec 3, 2013 11:00pm PST
it would explode the deficit, that wouldn't look like it was going to expand government to basically abide by what boehner just said there, the cost could potentially be astronomical in some places. now, it could end up being that the president's health care law ends up costing a lot more than the experts have said, but for right now the best people we got, the congressional budget office insists it's not going to be that costly. it's hard for republicans to come up with something that will be as fiscally neutral and responsible as the law as it is written right now that the president has. >> it was like the speaker saying holding up four candy canes saying like all these? i'll give them to you. thank you chuck todd and clarence page. >>> up next, what's the explanation for this star wars inspired scene on the national mall here in washington? the sideshow's next. and this is "hardball," the place for politics. [ male announcer ] this duracell truck has some very special power. ♪ [ toys chattering ] it's filled with new duracell quantum batteries. [ toy meows ] [ dog whines ] [ toy meows
MSNBC
Dec 5, 2013 12:00am PST
will boost the economy by more than 3%, cut the deficit by almost $200 billion over ten years, savings from new workers, new businesses and new taxpayers. those numbers were not lost on the party's fiscal hawks. >> i'm not aware of any trade association, any major or minor business group that doesn't recognize we need more people, business, and fiscal workers. >> and they recognized the historic vote, with the republican party's renewed political life. >> i know that everything is not going to change in a year. but if we don't start now we're not going to have anymore success in four years, eight years or 12 years. >> joining me now back in this reality, is the president of the national council. based on the surprising staffing choice, janet, this staffing choice, staffing choice of members of congress don't normally make news, but this one did. it got tons of attention, the senators tweeting congratulations. why all the hubub about a staffer? >> well, i think it is important, as somebody who worked on capitol hill, i understand how important staff can be. there is no question that the spea
MSNBC
Dec 5, 2013 6:00am PST
ground needs to include several things. smart deficit reduction and investments in education. we have to cut spending and it has to be fair to the middle class. if the position will be to turn off sequester which we must do, we will ask to pay to turn off sequester. that's not going to suit the democrats in congress. we will continue to negotiate and hope that we get to a good fair common ground that is good and fair of the middle class. >> when you say the middle class, what are you referencing to that they have to pay for? >> one of the things is a surcharge on airline tickets. in the context of an overall budget if we have to look at that, we should. to do that and ask middle class people who are traveling to visit with their families. this has to do better than that. >> one question i want to ask you about, when you are not on capitol hill, you moonlight to get democrats elect and get the 17 seats needed to reclaim the majority. a person who has gone out of his way to help you is the president of the united states. they say that the president has not turned down a single fund rais
FOX
Dec 4, 2013 5:00am PST
. >>> a congress department announced the trade deficit dropped to 5.4% in october. the u.s. exported more soy beans, collectibles, and petroleum. the trade gap stands at 40.6 billion which is down only slightly from this time last year. >>> a plan to blow out the lights on electronic cigarettes. new actions taken against smoking in one bay area city but why the fight over the controversial cigarettes is not over yet. >>> plus santa is going to get some extra security when he flies to the skies christmas eve delivering presents. the surprising changes coming to norad. ♪ ♪ looks like you started to make something. ♪ oh, a green! ♪ ♪ [ female announcer ] cheerios. with flavors your heart will love. >>> welcome back. time is 5:54. treasure island residents are forced to move out of their homes for a cleanup of taxic chemical -- toxic chemicals. 24 homes recently sheafed notices. they will have to move out. the navy will clean up toxic material under ground as well as ground water contaminated with arsenic. last night a lot of the effected residents went to this meeting with the islands'
FOX
Dec 6, 2013 10:00pm PST
us all tuesday when they overcam a seven point deficit to win by nine over toronto. tonight in houston golden state nearly made as many turnovers as field goals. warriors in their dark jerseys shot 36% from the field. rockets scored 23 points off golden state 22 turnovers. james harden you're so vicious. 34 for harden. he also led the team with eight turnovers. look at this alley oop pass. here comes houston. there goes harden. warriors never in this one. they lose this one 85-83. >>> sharks are already regretting their east coast trip. they lost back to back games in regulations for the first time this super bowl. it felt like the grinch stole christmas in raleigh. san jose scored twice. sharks make something happen in the third. justin braun one times it. steals a goal past ward. we're tied at three but it wasn't meant to be. rookie elias lenum deflects it. an empty nether to score three goals and they win 5-3. the baseball business is just getting wackier. yankees win two big time players. sarah and mitty play a division championship game tonight. it's for all the marvels
CNBC
Dec 4, 2013 6:00am EST
for the month. also out today we have third quarter productivity, trade deficit, new home sale, manufacturing index and beige book. jp morgan chase and citibank is among those assessed $2.3 billion. society general, royal bank of scotland were among those fined. sears executive has reduced the stake to 48.4% down from the prior 55.4%. investors that decided to exit lam pert's stake shares were down. >> thanks. i was going to see how much -- he's still loaded, $5.9 billion. he still has half. >> roughly, yeah. >> let's get a check on gold prices and currency levels. joining us now the bks management, shaun is editor of the wealth report. our guest host wants to talk. can you say it? can't talk about it if i can't say it. what was the news? number in in terms of reserve currencies. >> in materiaterms of trade. the chinese economy and society itself becomes more open. it's a transactional unit. there's too much issue from property rights point of view to trust as a reserve currency. >> what about the reports coming out of the saudi arabia that they're negotiating with the chinese to pay for oil?
CSPAN
Dec 2, 2013 12:00am EST
problems that do threaten the moral drift and cognitive and scholastic deficits, the healers, social reformers and confidence builders, do not have the answers. on the contrary, they stand in the way of a genuine solution. >> yes. i'm not saying that we don't have problems in our schools, even though i don't think that boys are pathological, i do think that there is evidence that they need character education as girls do as well. as most societies know, it takes more effort to socialize a young man and young boys who are morally neglected, and in most societies, they invest a lot of effort into civilizing young man. in our schools there has been a decline of character education and moral education and replacing it with things like self-esteem programs, various programs that are doubtful and merit. and we have a tried-and-true method of civilizing boys, good sportsmanship they can get from their coaches, most of all from parents, and we've kind of moved away from that. the second problem with boys, is that i believe they have become second-class citizens in our schools. and the proble
CSPAN
Dec 7, 2013 9:00am EST
problems that do threaten childrens' prospects, their moral drift, cognitive and scholastic deficits, the healers, social reformers and confidence builders don't have the answers. on the contrary they stand in the way of genuine solutions. >> yes. i am not saying we don't have problems in our school. i don't thing boils are pathological but there is good evidence that they need character education and girls do too. most societies know that it takes more effort to socialize a young man and young boys who are morally neglected. very unpleasant ways of doing this, i have noticed. most societies in just a lot of effort into humanizing, civilizing young men. what i have seen is in our school there has been a decline of character education and moral education, move replacing it with things like self-esteem programs, various therapeutic approaches that are -- we have a tried and true method of civilizing boys. it is through good sportsmanship, they can get from their coaches and moral guidance from parents, but reinforced by teachers and moved away from that. i believe now boys have become
CSPAN
Dec 8, 2013 5:00am EST
-- finally, what do believe is the most likely impact on you every large federal budget deficit and debt in terms of your own personal financial situation. toin, i would draw your eye the two top scorers here, far and away. they're worrying about the andal year and higher taxes fewer opportunities for jobs or wage increases. the issue of disposable income and households daily challenged by the current circumstances. i had to leave you on something that is not very optimistic, but in looking toward the future, the near future, in terms of where we are, how confident are you that the congress and presidents ability to avoid a shutdown for the deadline, 70% of americans are not confident and that cuts across all political party identification and all demographic groups. they have very little confidence that they will make progress going forward on this. that has an impact not only on political attitudes but also consumer behavior. with that, we're going to show you a couple of vignettes to bring to life some of these numbers. thank you. [applause] ♪ >> i would consider myself to be middle
Bloomberg
Dec 6, 2013 8:00am EST
purchases. we have a deficit that is following -- falling like a rock, and mortgage origination. the fed is not only a 500 pound gorilla in those markets, they are now the only gorilla in the jungle buying in those markets, and that is something they are concerned about as well. >> diane swonk, thank you for joining us. also, michael mckee, peter cook, and alix steel. we will be focused on this big drop we have seen in the jobless rate down to 7%. we will also get reactions to the jobs report from the ceo of pimco, mohamed el-erian, and the obama administration's reaction from labor secretary tom perez. ♪ >> well it seems like the whisper numbers were right. we got a huge surprise on the upside for jobs. to jobless rate went down 7%. i want to bring in someone who lives for jobs days. he loves these days because the data tells the story. tom keene is with us. you talk to bill gross. >> i want to make clear, this is a sport. just before the report i put out my last guess, and that was 200- 5000. >> who is bragging now? >> it is not my point, it is drew matus at ubs nailing the unemploym
CNBC
Dec 2, 2013 7:00pm EST
prappreciate it very mu. thanks for watching. it's the moral and religious and spiritual deficit we have to work on. but let's not damage the economy in the process. i'm kudlow. we'll have more on this later. '. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in e
CNBC
Dec 4, 2013 7:00pm EST
a quick list. the adp private jobs boomed. 215,000. the trade deficit narrowed. new home sales were gangbusters. the ism services, little soft but still pretty good in the mid 50s. the fed beige book, pretty darn good. i'm not counting today's little -- this little three or four day thing, it's not a real question. why isn't good news good news? you look at these numbers and you could say to yourself, the economy is getting better. >> yeah, i think that in the end will be good news for the market, larry. in the meantime i think the market's saying, okay, if the news is good, maybe the fed tapers sooner rather than later. i'm not sure i like that so much. that's one explanation. i think another is, hey wait a minute, we're up a double digit percentage. we're up a lot in a short amount of time. we're discounting some good news. i'm tired. i'm going to take a rest. i think that's a bit what's going on here. >> protect your gains, that's what you're saying. >> here here. >> let me ask you this. okay. so you're janet yellen. you're going to be janet yellen tonight. you're coming in. i kn
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